Wednesday, August 02, 2006

50 year mortages now available

I see that Statewide Bancorp, Inc. in CA has started offering 50-year mortgages. Supposedly there's not much activity on these in IL. I suppose it will eventually be a question of whether or not Fannie Mae and Freddie Mac start purchasing the product in the secondary mortgage market.


At 7:52 AM, Anonymous Anonymous said...

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